Plan Snapshot
- Plan Sponsor: Retail Merchandising Services INC.
- Sponsor EIN: 411514566
- Sponsor Address: 8801 BROOKLYN BLVD, BROOKLYN PARK, MN, 55445
- Plan Type: 401(k)
- Total Participants: 423
- Total Assets: $5.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 423 | $5.9M | $341,627 | $580,355 |
| 2023 | 347 | $4.9M | $292,453 | $519,748 |
| 2022 | 279 | $3.8M | $131,439 | $296,772 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CUMMINGS, KEEGAN & CO., P.L.L.P. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $46,507 | — | — | — | — |
| 2023 | $35,030 | — | $35,030 | — | — |
| 2022 | $22,825 | — | $22,825 | — | — |